Forum Archive Index - June 2000

["Matthew Van Veen" <mattvanveen@hotmail.com>]

As a NZ trader only one as to wonder why I don't play in other markets yet 
when you compare turnovers like NZSE today against the ASX as you readily 
can see the difference on Stockwatch. Much more liquid and daily gains 
(losses) to be made percentage wise. I think our market is the way it is as 
nobody is interested in it anymore regardless of what value it may be 
offering. I think an almagamation with ASX will be better for everyone and 
definately better for our companies and NZ in general if it saves them 
leaving our shores.
For CEN - I think they only rosed in the last 3 weeks due to their own 
buyback and if they stop buying, the price is only going to fall. Telecom is 
down a lot and may be a good buy but I have that feeling you could see a 
drift down to $6.50 level in next week or 2. Look at FFS where it is public 
knowledge that it will be sold and probably for at least $1.20. Thats a 50% 
premium on todays price. But still it sits where it does as does FLP where 
one can make about 5% which is almost guaranteed. What does one do?


>From: Roy <baldman@internet-auditor.com>
>Reply-To: sharechat@sharechat.co.nz
>To: sharechat@sharechat.co.nz
>Subject: Re: Re: [sharechat] DOW/NAS up , NZSE red red red
>Date: Thu, 22 Jun 2000 12:48:01 +1200
>
>Get a grip chaps :)
>
>For the last 3 years TEL has eased towards the middle of the year.
>Look at it as a great buying opportunity!
>The charts will show you that the price recovered August time.
>
>Before you throw yourself out of a skyscraper consider the volumes going
>thru the NZSE at the moment.
>Not a lot, seems to be mainly smaller parcels, therefore smaller 
>stockholders.
>
>Take a packed lunch and go for a long walk. The panic impulse will 
>dissipate!
>
>
>
>
>----------------------------------------------------------------------------
>http://www.sharechat.co.nz/          New Zealand's home for market 
>investors
>To remove yourself from this list, please use the form at
>http://www.sharechat.co.nz/forum.shtml.

________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com


----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/forum.shtml.